A shopkeeper fixes the marked price of a pair of shoes 45% above its cost price. What is the percentage of discount allowed to gain 16 % ?

A shopkeeper fixes the marked price of a pair of shoes 45% above its c

1.	A shopkeeper fixes the marked price of a pair of shoes 45% above its cost price. What is the percentage of discount allowed to gain 16 % ?
A.	30%
B.	25%
C.	15%
D.	20%
Answer» E.

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A shopkeeper fixes the marked price of a pair of shoes 45% above its cost price. What is the percentage of discount allowed to gain 16 % ?

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